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Austin · Preston Park Sec 1, Raceway

$460,000 28 days on market

Reduced from $483,000 · −4.8%

3121 Lions Tail St, Austin, TX 78728

  • 3bedrooms
  • 2.5bathrooms
  • 2,143sqft
  • 0.12acres
  • 2018year built

About this home

Rare Austin “unicorn” home with a 1.62% tax rate, Round Rock ISD schools, and a private backyard backing to a greenbelt! Located in the City of Austin, this move-in-ready home offers a combination of location, schools, low taxes, upgrades, and privacy that is difficult to find.

The light and bright open floor plan features beautiful kitchen upgrades, including stainless steel appliances, a gourmet island, and 42-inch cabinets. The kitchen opens to the main living area, creating an ideal space for everyday living and entertaining. The first floor also includes a dedicated office.

Upstairs, you’ll find a spacious second living area and three generous bedrooms. The primary suite features dual vanities and two large walk-in closets. A standout feature is the private balcony overlooking the greenbelt, providing a peaceful outdoor retreat and a beautiful view.

The backyard is designed for enjoying the outdoors, with a private greenbelt setting and stone patio that provides an ideal space for relaxing, dining, and entertaining. The combination of the upgraded interior and attractive outdoor living space gives this home a distinctive, comfortable feel.

For buyers searching for an Austin home with Round Rock ISD schools and a low tax rate, this property offers an especially compelling combination. The 1.62% tax rate is a major feature for buyers comparing the overall cost of homeownership among Austin-area properties.

Conveniently located near I-35 and SH 45, the home provides easy access to shopping, restaurants, medical facilities, and major transportation routes. The location offers the convenience of Austin while providing access to highly sought-after Round Rock ISD schools.

If you’re searching for an Austin home with Round Rock ISD, a 1.62% tax rate, a greenbelt backyard, private balcony, upgraded kitchen, and convenient location, this home is worth seeing.

Property

Type
Single Family Residence
Levels
Two
Year built
2018
Lot size
0.12 acres
Subdivision
Preston Park Sec 1, Raceway
MLS #
ACT7468845

Inside

Bedrooms
3
Bathrooms
2.5
Living area
2,143 sqft

Outside / parking

Garage spaces
2

Schools

Elementary
Joe Lee Johnson
High school
McNeil
District
Round Rock ISD

Costs

HOA
$125 / quarterly
Est. annual taxes
$3,316 (2025)

Listing

First listed
Sep 25, 2026
Days listed
28
Original price
$483,000
Status
Active

Listed by Eric Peterson, Kopa Real Estate · [email protected] · MLS# ACT7468845 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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